UPM

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi;
Location of affected unit(s)
Heinola, Lappeenranta, Parkano
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
17.1 - Manufacture of pulp, paper and paperboard
17.1 - Manufacture of pulp, paper and paperboard
830 - 870 jobs
Number of planned job losses
Job loss
Announcement Date
3 November 2009
Employment effect (start)
1 January 2010
Foreseen end date
30 June 2010

Description

Forestry industry company UPM is cutting its workforce by 830 individuals. These restructuring measures concern plywood mills in Lappeenranta and Heinola, a processing mill in Parkano, and a sawmill in Heinola. The most severe cuts will be in Lappeenranta and Heinola; about 300 jobs are to be eliminated in both cities.

Before negotiations the company planned 870 job loss. Negotiations with the employees started in November 2009. Job cuts will be implemented during the first half of 2010.

The UPM plywood business currently employs around 2,450 people in Finland. The company's timber operations give work to about 900 Finns.

Sources

  • 12 January 2010: www.tekniikkatalous.fi
  • 3 November 2009: www.tekniikkatalous.fi

Citation

Eurofound (2009), UPM, Internal restructuring in Finland, factsheet number 70045, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70045.